Got Gold Report: Most important silver COT chart for 2012

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Published : July 31st, 2012
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FOLLOW : Cot Gold Silver
Category : GoldWire

 

 

 

 

Over at the Got Gold Report, Gene Arensberg's assistant, Colette Chapman, reports that traders who constitute what's called "managed money" are hugely short silver now, which Arensberg considers bullish since those traders will be especially quick to cover and go long on any rally. Arensberg thinks the key price is between $28.50 and $29. Chapman's commentary is headlined "Most Improvement Silver COT Chart for 2012" and it's posted in the clear at the Got Gold Report here:

http://www.gotgoldreport.com/2012/07/most-important-silver-cot-chart




 

 

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
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